Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Corning Incorporated Pension Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Corning Incorporated · New York · Manufacturing

What the 2023 filing shows

Corning Incorporated Pension Plan holds $2.7B for 16,541 participants — about $162,796 per participant, down 25.1% over the 2022 plan year.

$2.7B
total plan assets (2022 EOY)
16,541
covered participants
$162,796
avg assets per participant
-25.1%
assets change YoY

The plan reported a net loss of $902M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$2.7B
Participants
16,541
State
Industry
Manufacturing

What the Filing Says About Corning Incorporated Pension Plan

Corning Incorporated Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Corning Incorporated, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $2.7B in total end-of-year assets and covers 16,541 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 160393470, and the plan has been effective since 1944-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3.6B at the beginning of 2022 to $2.7B at year-end — a decline of 25.1%. Net assets (after liabilities) closed the year at $2.7B, with reported net income of $-902,406,012 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3.6B
Total Assets (End of Year)$2.7B
Net Assets (End of Year)$2.7B
Net Income$-902,406,012
Plan TypeDefined Benefit (Pension)
Employer EIN160393470
Plan Effective Date1944-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Corning Incorporated)

Year Plans Participants Total Assets
2022 3 33,094 $6.5B
2023 3 34,383 $6.9B
2024 3 30,341 $7.4B

Nearby Defined Benefit (Pension) Plans in New York

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Corning Incorporated Pension Plan?
As of the 2022 Form 5500 filing, Corning Incorporated Pension Plan holds $2.7B in total assets with 16,541 participants. It is sponsored by Corning Incorporated.
What type of plan is Corning Incorporated Pension Plan?
Corning Incorporated Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1944-01-01. The plan is filed with the U.S. Department of Labor under EIN 160393470.
Who sponsors the Corning Incorporated Pension Plan?
Corning Incorporated Pension Plan is sponsored by Corning Incorporated, located in New York. The sponsor's EIN is 160393470 and the plan operates in the Manufacturing industry.
How did Corning Incorporated Pension Plan perform in 2022?
Corning Incorporated Pension Plan declined by 25.1% during 2022, moving from $3.6B to $2.7B in total assets. Net income was $-902,406,012.
Where can I find official filings for Corning Incorporated Pension Plan?
Official Form 5500 filings for Corning Incorporated Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 160393470 or plan name at efast.dol.gov.
How does Corning Incorporated Pension Plan compare to other plans?
You can compare Corning Incorporated Pension Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 160393470.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.